Amhara Bank
www.amharabank.com.et/Founded: 2022 — Commenced operations June 2022 (public summaries).
Headquarters: Addis Ababa, Ethiopia
Regulator: National Bank of Ethiopia (NBE)
Ownership: Private commercial bank (share company)
Branches: 319+ (reported)
Financial Highlights
Paid-up Capital: 7.4 billion ETB (reported at launch)
Shareholders: 163,000+ (reported)
About Amhara
Amhara Bank is a newer private commercial bank that entered the market in 2022. Public summaries highlight a very large shareholder base at launch and rapid initial rollout of branches and service points. It provides retail and business banking services including deposits, domestic payments, and digital/ATM access as the network expands.
Business Segments
Services
Retail
- Deposit accounts
- Domestic transfers
- ATM/card access (where available)
SME
- Business accounts
- Collections
- SME finance (policy-dependent)
Corporate
- Corporate accounts (where offered)
- Payroll (where offered)
Digital Channels
Key Milestones
- • Launched 2022 with large shareholder base
- • Rapid rollout of branches and service points
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